Grand Island, NE Profile: Facts & Data

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Grand Island, Nebraska - Basic Facts

The City of Grand Island is the 4th largest city in Nebraska with a population of 53,396 as of July 1, 2023. Grand Island ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Nebraska. See peer rankings below.

The primary coordinate point for Grand Island is located at latitude 40.925 and longitude -98.342 in Hall County. The formal boundaries for the City of Grand Island encompass a land area of 29.68 sq. miles and a water area of 0.19 sq. miles. Hall County is in the Central time zone (GMT -6).

The City of Grand Island has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Grand Island 2023 Demographic Data
  2. Growth Rates for Grand Island (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Nebraska Research Tools (Easy Tools & Current Data)
  3. Nebraska Data Comparison Tool - 2023 Demographics
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Grand Island, NE Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 53,396 (100%)
Population in Households 52,323 (98.0%)
Population in Families 41,579 (77.9%)
Population in Group Quarters1 1,073 ( 2.0%)
Population Density 1,775
Diversity Index2 75
 
 

INCOME

Median Household Income $60,956
Average Household Income $84,661
% of Income for Mortgage4 17%
Per Capita Income $32,049
Wealth Index5 66
Socioeconomic Status Index6 Moderate (46.1)
 

HOUSING

Total HU (Housing Units) 21,428 (100%)
Owner Occupied HU 11,883 (55.5%)
Renter Occupied HU 8,311 (38.8%)
Vacant Housing Units 1,234 ( 5.8%)
Median Home Value $171,434
Average Home Value $187,909
Housing Affordability Index3 131
 

HOUSEHOLDS

Total Households 20,194
Average Household Size 2.59
Family Households 12,754
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.15% -0.02%
Households 0.33% 0.17%
Families   0.13%
Median Household Income   2.32%
Per Capita Income   2.78%
Owner Occupied HU   0.68%

Grand Island, NE - Peer Comparisons by Rank and Percentile

The table below compares Grand Island to the other 590 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 4 99th
Population Density # 43 93rd
Median Household Income # 384 35th
Housing Affordability Index # 322 55th
Per Capita Income # 466 21st
Diversity Index # 11 98th

Additional comparisons and rankings can be made with a VERY EASY TO USE Nebraska Census Data Comparison Tool.

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